DOWNLOAD the newest Pass4sureCert CPIM-8.0 PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1Dw0pWXqQRuEKq6ThAATr-VZh0vdXAw0G
After years of hard work, our CPIM-8.0 guide training can take the leading position in the market. Our highly efficient operating system for learning materials has won the praise of many customers. If you are determined to purchase our CPIM-8.0 study tool, we can assure you that you can receive an email from our efficient system within 5 to 10 minutes after your payment, which means that you do not need to wait a long time to experience our learning materials. Then you can start learning our CPIM-8.0 Exam Questions in preparation for the exam.
| Certification Vendor: | ASCM (APICS) |
|---|---|
| Exam Name: | APICS Certified in Planning and Inventory Management (CPIM 8.0) |
| Exam Number: | CPIM-8.0 |
| Passing Score: | 300 (scaled score, range 200–350) |
| Exam Format: | Multiple-choice questions, Scenario-based questions, Scored + pretest questions |
| Available Languages: | Chinese (Simplified), English, French, Japanese, German, Spanish |
| Certificate Validity Period: | 5 years (requires maintenance points for renewal) |
| Exam Duration: | 210 minutes |
| Related Certifications: | CSCP - Certified Supply Chain Professional CLTD - Certified Logistics, Transportation and Distribution |
| Exam Price: | $1,265 (ASCM member) / $1,755 (non-member) |
| Real Exam Qty: | 150 |
| Recommended Training: | APICS CPIM Learning System |
| Exam Registration: | ASCM Official Registration |
| Sample Questions: | APICS CPIM-8.0 Sample Questions |
| Exam Way: | Computer-based testing; available at authorized test centers or via online remote proctoring |
| Pre Condition: | No formal prerequisites; no degree, work experience or references required |
| Official Syllabus URL: | https://www.ascm.org/certification/cpim/ |
It is acknowledged that there are numerous CPIM-8.0 learning questions for candidates for the exam, however, it is impossible for you to summarize all of the key points in so many materials by yourself. But since you have clicked into this website for CPIM-8.0 practice materials you need not to worry about that at all because our company is especially here for you to solve this problem. With our CPIM-8.0 Exam Questions, you will pass your exam just in one go for we are the most professional team in this career for over ten years.
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
NEW QUESTION # 71
One way to mitigate liability risk in the supply chain is to:
Answer: D
Explanation:
One way to mitigate liability risk in the supply chain is to require traceability for components. Liability risk is the risk that a party may be held responsible for certain types of losses caused by its actions or products to third parties1. Traceability is the ability to track the origin, history, location, and movement of a product or a component through the supply chain2. Requiring traceability for components can help to mitigate liability risk in the supply chain by enabling the identification and verification of the quality, safety, and compliance of the components, as well as the detection and prevention of counterfeit, defective, or hazardous components. Traceability can also facilitate the recall, repair, or replacement of faulty components, and the allocation of responsibility and accountability among the supply chain partners in case of a liability claim34. Reference: 1 What is a Liability Risk? - Definition from Insuranceopedia 5 2 Traceability - Wikipedia 6 3 Supply Chain Liability in the Corporate Sustainability Due Diligence ... 7 4 CPIM Exam Reference - Association for Supply Chain Management 8
NEW QUESTION # 72
Which of the following systems would be the most cost-efficient for inventory management of a low value item?
Answer: B
Explanation:
Periodic review is a system that determines the order quantity and reorder point for an item based on the inventory position at fixed intervals. This system is suitable for inventory management of low value items, as it reduces the ordering and holding costs, simplifies the ordering process, and allows for grouping orders.
Therefore, option C is correct. Option A is incorrect because order point is a system that triggers an order when the inventory level falls below a predetermined level. This system requires continuous monitoring of inventory levels, which may not be cost-efficient for low value items. Option B is incorrect because material requirements planning (MRP) is a system that calculates the requirements for components and materials based on the demand for end items. This system is more appropriate for items with dependent demand, rather than independent demand. Option D is incorrect because economic order quantity (EOQ) is a system that determines the optimal order quantity that minimizes the total ordering and holding costs. This system assumes constant and known demand and lead time, which may not be realistic for some items. References:
CPIM Part 2 Exam Content Manual, Version 8.0, Section E: Plan and Manage Inventory, Subsection E.2:
Inventory Management Methods, p. 53.
NEW QUESTION # 73
Which of the following tools shows process changes and random variation over time?
Answer: D
Explanation:
A control chart is a tool that shows process changes and random variation over time. It is a type of statistical process control (SPC) that monitors the performance of a process and detects whether it is in or out of control.
A control chart consists of a center line, an upper control limit, and a lower control limit. The center line represents the average or target value of the process. The control limits represent the acceptable range of variation withinthe process. If the data points fall within the control limits, the process is considered stable and in control. If the data points fall outside the control limits, or show a non-random pattern, the process is considered unstable and out of control, indicating the presence of special causes of variation that need to be investigated and eliminated. References:
Managing Supply Chain Operations, Chapter 9: Quality Management, Section 9.2: Statistical Process Control CPIM Exam Content Manual, Module 8: Quality, Technology and Continuous Improvement, Section
8.1: Quality Management, Subsection 8.1.2: Statistical Process Control
NEW QUESTION # 74
Which of the following actions will result In lower inventory levels?
Answer: C
Explanation:
Reducing replenishment lead times will result in lower inventory levels because it means that the time between placing an order and receiving the goods is shorter. This reduces the need to hold excess inventory to cover the uncertainty and variability of demand and supply. Reducing replenishment lead times can also improve customer service levels, as orders can be fulfilled faster and more reliably. Level loading the master production schedule (MPS), increasing customer service level, and decentralizing inventory locations are all actions that will increase inventory levels, as they require more inventory to buffer against fluctuations in demand and supply, and to ensure availability at multiple locations. Reference: Inventory Management: Lead Time Reduction, APICS CPIM 8 Planning and Inventory Management | ASCM
NEW QUESTION # 75
Which of the following demand management approaches tends to be most subjective?
Answer: C
Explanation:
The correct answer is D. Delphi method .
The Delphi method is a qualitative forecasting approach based on expert judgment. Because it depends heavily on opinions from selected experts, it is more subjective than quantitative techniques such as seasonal analysis and time series forecasting.
The forecasting material shows that quantitative methods rely on historical demand patterns. Exact extract:
"Three-month moving averages are found by taking the actual demand for the last three months divided by three." The material also explains seasonal analysis quantitatively. Exact extract: "Estimating how much demand exists above or below the average demand of a product during a season the seasonal demand index aids companies in planning inventory." Therefore, among the choices, the Delphi method is the most subjective because it is based on expert opinion rather than direct numerical demand history.
NEW QUESTION # 76
......
New CPIM-8.0 Test Guide: https://www.pass4surecert.com/APICS/CPIM-8.0-practice-exam-dumps.html
BONUS!!! Download part of Pass4sureCert CPIM-8.0 dumps for free: https://drive.google.com/open?id=1Dw0pWXqQRuEKq6ThAATr-VZh0vdXAw0G